Technology
Avaloq Extends Collaboration With Switzerland's Largest Cantonal Bank
This publication carries latest news on developments around technology in the wealth management space.
Switzerland-based Avaloq has extended its
collaboration with Zürcher Kantonalbank, adding new areas over
which the Avaloq Banking Suite will apply.
The firm’s banking service has been used at Switzerland’s largest
cantonal bank for more than 10 years. Implementation of new
development will start in the second quarter of this year, Avaloq
said in a statement yesterday.
The bank has used the Avaloq Banking Suite to process securities
transactions and handle fund administration since 2006.
The bank also intends to use the Avaloq Wealth Advisory module
for investment advisory services for third parties.
